The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-05-06
GENERAL TRADE.
nRRADsTUFFs.

lcNt6 VI ucpOsr ~ w.
BRAN From store, S5c; from
levee or depot, S159l5 50.
OoRN - From store, white, 4Sc !;
mixed, 45c; from levee or depot,
white, in bulk, 44c; in sacks. z7@
47ic; mixed, in bulk, 4lic; in sacks,
44ic.
0Ars - From store, white, $50 ;
mixed, sec; from levee or depot,
white, in bulk, S3c; in sacks, S4}GS5c !;
mixed, in bulk, 3Sc; in sacks, $40
Sale.
FLouR-From store, common, s. % /;
family, s. 70; choice, 81; fancy,
q 25; extra fancy, "a so; patents,
SEASs-Nsvy, 81 70; medium,
| 81 so.
OATMEAI-In half barrels, $2@S rs
from store.
CRACKED wHRAT-In half barrels
$425 from store.
HoMNY AND GRITs-From store, So
@3 %.
CRACKERS - Soda, extra, 4c; soda,
treble extra, 4ac; extra, &c; ginger
snaps, extra, Be; assorted jumbles, I0c.
RIoE-Louisiana, 4@5c; Carolina,
53@63c.
KANSAS Cry, Mo-, May 5.-wheat
steady; No. 2, red, cash zoe; June,
7lic bid. re alked. Corn steady; No.
2, cash, S3c; June, S3!c; July, 342@
Soc asked. Oats-No. 3, cash, 26c bid.
ST. LOUIS, Mo-, May 5.-Flour very
firm but inactive. Wheat higher. An
urgent demand from shorts advanced
prices 3@ltc, laer demand fell of
and prices declined closing sa4c above
yesterday; No. 2 red, cash, S5ic; May,
S41@S5tc, closing at 85c; June, S4s(9
S5ac, closing at S5fc; July, Sl3,9S2ic,
closing at sec; September, 830SSsc,
closing at S34c asked. Corn firm and
to higher; cash, 36@37c; May, sec;
June, 36s@363c, closing at S6b3; July,
37493Sc, closing at sac. Oats firm
but very dull; cash, oslo; May, 273c
bid; June, este bid; July, August and
year, Zoe b d. Rye in demand and
firm; 56@561c. Barley, no sales re-
ported. Hay quist and easy; prairie,
in demand at $9@l2; timothy, 500
IL 30. Bran scarce aud higher, at zoe.
Oornmesl higher and firm at 81 05@
2 10. Receipts-Flbur, 1000 brls; wheat,
5000 bu; corn, 5000 bu; oats, $4,000
bu; rye, 1000; barley, 1000 bu.
5hipments-Flour, 5000 brls; wheat,
10000; corn, 5000 bu; oats, 1000
bu; rye, none; barley, none.
Afternoon Board - Wheat frmer;
May, S5t@S5fc; June, SJl@s53c;
July, 82t9823c; September, 83t "a S3Ac.
Corn steady and unchanged. Oats
quiet.
CHICAGO, ILL, May B. Wheat
opened strong and buIish this morn
ing, but 1t was abont the only thing
on the list that showed any particular
hrmness. June opened at SALE aud
sold to S5ic within fifteen minutes.
June corn opened steady at 40tc and
essed back to 39bC. During the morn
ing, when KerehaW was quite an active
buyer, a number Of "shorts" came in
and helped the bulge along by buying
June and July. The bull element,
which is now clearly in the majority,
have until recently been talking 81 10
for wheat some time in the future, at
iOhbS no hChA ehb oh IlO pINbbub
Today 1t was given out that they had
thrown off DC from this estimate, max.
ing the price an even 81 TO- One OF
them was asked today what he ex.
peCted would make these prices. The
reply was: Legitimate demand from
exporters, purchasers for investment
and general domestic use; that is mill.
ing interests. There will also be times
when shorts will want it, IS they did
today" Outsiders, it is believed, are
responsible in part for the present firm
ness, or rather OF the strength now pre-
vailing which is in sympathy with this
tone existing in othe; markets. Du-
luth, for instance, made an advance of
lsc since yesterday. Olesrances at
seaboard ports yesterday were not up
to expectations, but the export de-
mand is good and promises to con-
tinue. Alter selling at 85Ic, June
declined to S5C, but later recovered to
to former figures, and went off again
on heavy local selling, rallied again to
S5fc and closed at outside figures.
Corn was moderately active, with the
feeling quite weak early, but afterward
ruled steadier. 1t was rumored early
that the Western roads were going 10
reduce rates and this created general
desire among local operators to sell.
AS the report was not confirmed, the
feeling became steadier. Oats
ruled firmer owing to same
influences and favorable crop reports.
Cash quotations were as follows: Flour
steady and unchanged. No. 2 spring
wheat, 83t@83sc; Noi3 spring wheat,
Zoe; No. 2 red, 833c; No 2 corn, $500
3StC; No. 2 oats, 26iC; No. 2 rye, SEC;
No. barley, SIC; No. faxseed,
81 0S4; prime timothy seed, IL SO.
The leading futures ranged as fol-
lows: Wheat, No. 2-Msy opened
at $50, highest $500, lowest $50,
closing at 83sc; June opened at SAFE,
highest 853c, lowest SAFE, closing at
853c; July opened at SAGE, highest Soc,
lowest SAFE, closing at safe; Au-
gust opened at 831c, highest $3.50, low
est $3.50, closing at $3.50. Corn,
No. 2--Msy opened at 3S9c, highest |
3S3c, lowest 3Sc, closing at 38ic; |
June opened at 40tc, highest 40bC, low
est 391c, closing ut 39Bc; July |
opened at 4lic, highest 4i9c, low
est A DC, closing at Alto; August opened |
at 42ac, highest 42ic, lowest Ate, clos
ing at 42sc. Oats, No. 2-MsY opened |
at 27Bc, highest 27tc, lowest 2osc, |
closing at 265c; June opened at 2SSc, |
highest 2Ssc, lowest 2SC, clos
ing at 28bc; July opened at
29Be, highest 29ac, lowest 2S3c, |
closing at 2SSc. Receipts-Flour,
$4,000, brls; wheat, $1,000 bu;
corn, $4,000 bu; oats, 81 900 bu; rye,
5000 bu; barley, 10000 bu, Shipments
IL 900. brls; wheat, $4,000 bu;
corn, $4,000 bu; oats, $4,000 bu; rye,
1000 bu; barley, 5000 bu.
PROVISIONS.
Observation-Disclosures, 14@l6C; cream
cry, &c; dairy, 22@23c; county
huttar Ik(n0Oo